50 IT companies from Hyderabad, India have been hacked by Pakistanis, confirmed Indian Society for Cyber bad Security Council (SCSC).
It was revealed that the hackers apparently belong to Pakistan and they used proxy servers in Turkey, Somalia and Saudi Arabia to initiate the attacks. Cyber security Forum official also stated that an ethical hacker’s team was to be set up in order to locate the culprits. The team managed to find out that proxy servers were to be moved after every five minutes but through IP address, location of the attackers was pin pointed. Information was acquired using ransom-ware and bit-coins viruses, he reported.
The hackers, reputedly, locked the IT companies’ systems and in return they wanted money for the decryption keys. Majority of the companies targeted are the financial companies, implying their data is crucial.
This is not the first time India has seen such an event unfold. Last year, three banks were also hacked in the similar fashion. The hackers demanded 8000 bit coins (approximately 5M USD). The Indian cyber police have advised them not to pay the ransom as there is no assurity whether the decryption key even exists in the first place.